Outcome Health Execs Owe $270M And Counting For Fraud

By Lauraann Wood

Former Outcome Health executives who were convicted of a $1 billion fraud against investors, lenders and customers must repay $270.8 million to certain victims, though that amount will climb higher with additional calculation, an Illinois federal judge said Wednesday.

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Insurer Says Ill. Law Firm Sent Settlement Funds To Scammer

By Celeste Bott

Cincinnati Insurance Co. has sued Chicago law firm Schain Banks Kenny & Schwartz Ltd. in Illinois state court, alleging the firm failed to spot an email fraud scheme that diverted confidential settlement funds intended to resolve an abuse lawsuit against an insured Lutheran church.

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7th Circ. Backs Developer's Conviction In Bank Fraud Case

By Celeste Bott

The Seventh Circuit affirmed Tuesday a real estate developer's conviction for his role in a multimillion-dollar embezzlement scheme at a now-shuttered Chicago bank, saying while the line "separating an improper lending relationship from criminality was not obvious in this case," the government presented enough evidence for jurors to conclude he knowingly participated in the fraud.

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Gallagher Knocks Out 401(k) Stable Value Fund Suit

By Kellie Mejdrich

An Illinois federal judge tossed a proposed class action against global insurance brokerage and consulting company Gallagher from ex-workers who claimed they lost millions on a stable value fund in their 401(k) plan, holding that their allegations failed to state a claim for violating federal benefits law.

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Brief

Video Tech Co. Founder Gets 6 Years For Stock Fraud

By Lauraann Wood

The founder of a Silicon Valley video streaming service was sentenced to six years in federal prison Wednesday for orchestrating a pump-and-dump stock fraud scheme that stole money from at least 100 investors.

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FTC Asks Court To Keep Trans Health Suit In Texas

By Spencer Brewer

The Federal Trade Commission has asked a Texas federal court to keep its suit against the World Professional Association for Transgender Health in the Lone Star State, saying that the organization incorporated there in 1980.

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PFAS Turnout Gear Buyer Lawsuits Get Consolidated In Minn.

By Aaron Keller

Minnesota will be home to firefighter turnout gear PFAS "forever chemical" federal lawsuits filed by municipal purchasers from 14 separate states, the Judicial Panel on Multidistrict Litigation has decided, consolidating current actions in Montana and California with lawsuits filed in the corporate home state of 3M Co.

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Generac Investors Ask 7th Circ. To Revive COVID Sales Suit

By Katryna Perera

A pension fund has urged the Seventh Circuit to revive a securities class action accusing home generator company Generac Holdings Inc. and its top brass of failing to keep up with a surge in business during the COVID-19 pandemic, arguing the lower court erroneously found that the statements challenged by the suit were immaterial.

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Notable Q2 Updates In Insurance Class Actions

After 2026's second quarter, there is more authority rejecting class certification on total loss valuation theories from courts at the federal circuit, federal district and state appellate level — along with a resolution of a novel issue of depreciation on a wildfire claim, says Kevin Zimmerman at BakerHostetler.

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Series

Law School's Missed Lessons: Surviving A Long Trial

Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-examination or closing argument, effectively handling the marathon of a lengthy trial requires the ability to maintain composure, organization and credibility with the jury, says Mihir Elchuri at Hirschler.

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How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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TikTok's Ex-Legal Head Made Racist Comments, Suit Says

By Bonnie Eslinger

TikTok and its former head of global legal operations have been accused in a California state court lawsuit of harassment and discrimination based on race and sex by a former legal department employee who claims the executive subjected her and other nonwhite colleagues to an "unrelenting campaign of harassment."

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Meta Atty 'Absolutely Wrong' On Client Privilege, Judge Warns

By Dorothy Atkins

With trial dark Thursday due to juror illness, a California judge overseeing states' claims that Meta Platforms Inc. hid social media's harms heard arguments over evidence, at one point criticizing Meta's efforts to assert attorney-client privilege and calling the company's in-house lawyer "absolutely wrong" about the appropriate standard.

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Uber Gets Greenlight On Most Fraud Claims Against LA Firms

By Hailey Konnath

A California federal judge Wednesday largely rejected two Los Angeles personal injury firms' attempts to ditch Uber's suit claiming it's being targeted by a scheme involving fraudulent personal injury claims, finding Uber has plausibly alleged that the firms schemed with a surgeon to rack up medical costs.

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Trump Taps DOJ Official, ND Solicitor General For Judgeships

By Courtney Bublé

President Donald Trump announced Thursday he's tapping Jesus Osete, a top U.S. Department of Justice official, to serve on the Western District of Missouri and Philip Axt, solicitor general of North Dakota, for the District of North Dakota.

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Jay-Z Appeals Buzbee Win In Rapper's Defamation Suit

By Rae Ann Varona

Music mogul Jay-Z's counsel fought uphill Thursday to convince a California state appeals court to revive claims that Texas attorney Tony Buzbee defamed and extorted him by roping him into a sexual abuse suit against Sean "Diddy" Combs, arguing in court that a trial court erroneously read evidence in Buzbee's favor.

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CREXi Drops 9th Circ. Challenge To Quinn Emanuel DQ

By Isaac Monterose

Property listing company Commercial Real Estate Exchange Inc. has moved to dismiss its own Ninth Circuit mandamus petition, which challenged a lower court's disqualification of CREXi's counsel, Quinn Emanuel Urquhart & Sullivan LLP, from a legal battle against rival CoStar.

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Eastman Among 16 Calif. Attys Disbarred In Q2 2026

By Emily Sawicki

The State Bar of California removed the licenses of 16 attorneys between April and June of this year over a broad spectrum of ethical breaches ranging from the high-profile case of John Eastman attempting to overturn the results of the 2020 presidential election, to a lawyer found to be in possession of child sex abuse images.

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